Overview
- Argentina logged 18.84 million departures in 2025, up 38.6% year over year, while arrivals fell to 8.78 million, down 19.7%, according to INDEC.
- Tourism spending showed US$7,164.2 million in outflows versus US$3,110 million in inflows, leaving a US$4,054.2 million deficit that nearly doubled from 2024.
- Counting overnight travelers only, outbound tourists reached 11.9 million versus 5.3 million inbound, producing a net gap of about 6.6 million—the widest in a decade.
- Outbound journeys concentrated in neighboring countries, with 77% headed to Brazil (24.7%) and Chile (21.3%) and a high share crossing by land.
- The official deficit figure is being challenged by the Tourism Secretariat and private consultancies that cite larger shortfalls, as INDEC prepares methodological and timing changes after a funding cutoff and markets await BCRA balance data.